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Dec 6, 2012
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pelosi were still speaker. it was more of a provocation than a proposal, to be perfectly frank about it. it was a message that the president doesn't want to deal at all. to date not a single democrat has come forward to support the geithner proposal, and anybody who actually looks at the details would certainly understand why. as i just indicated, it includes a $2 trillion tax increase over ten years, the biggest real-dollar tax increase in u.s. history. it increases taxes on nearly one million small businesses in the middle of a jobs crisis. according to ernst & young, this type of rate hike would cause more than 700,000 americans to lose their jobs. it raises taxes on investment income, harming economic growth even more. it includes tens of billions of dollars in more washington spending in a deal supposedly to cut the deficit. and most outrageous of all, it gives the president of the united states unilateral power to raise the limit on the federal credit card, the so-called debt ceiling, whenever he wants or
pelosi were still speaker. it was more of a provocation than a proposal, to be perfectly frank about it. it was a message that the president doesn't want to deal at all. to date not a single democrat has come forward to support the geithner proposal, and anybody who actually looks at the details would certainly understand why. as i just indicated, it includes a $2 trillion tax increase over ten years, the biggest real-dollar tax increase in u.s. history. it increases taxes on nearly one million...
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Dec 13, 2012
12/12
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so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the country. host: we are talking about social security and how would factors into the so called "fiscal cliff." if you would like to join the conversation, here are the numbers to call -- we will get to the calls in a moment. we will hear what they think about social security being on the table. do you get the sense we will talk about this a lot in the next couple weeks or will this discussion, a lot more next year? guest: it's not clear whether they will be able to get social security part of the deal right now. the republicans have proposed it and the
so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the...
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Dec 6, 2012
12/12
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our coverage of the fiscal cliff includes speaker john boehner and minority leader nancy pelosi. that is coming up in a little more than 10 minutes. first, though, president obama speaks to members of the business roundtable about the economy. he told the c.e.o.'s that he would not negotiate as a precondition for raising the borrowing limit. because of technical problems, we are only able to show you part of his speech. >> we at the business roundtable are grateful to both the electricity -- for the engagement we have had with you and members of your team. listen, i know your team has really reached out significantly over the last few months to many people in this room. and i know personally from my work in the last three years on the export council that the outreach to us is again you in and we know you are seeking solutions that was outlined very sincerely this morning when we met with jack and the rest of the team. sense of purpose and commitment from us as we engage with you. there aren't a lot of wall flowers in here and eager for a two-way exchange nonetheless and hopefully
our coverage of the fiscal cliff includes speaker john boehner and minority leader nancy pelosi. that is coming up in a little more than 10 minutes. first, though, president obama speaks to members of the business roundtable about the economy. he told the c.e.o.'s that he would not negotiate as a precondition for raising the borrowing limit. because of technical problems, we are only able to show you part of his speech. >> we at the business roundtable are grateful to both the electricity...
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Dec 5, 2012
12/12
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next, we hear from nancy pelosi. the course of the election the president made it very clear that he was courting the extension of the middle class tax cut and that everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying that rather than passing that they want to hold it hostage to giving an additional tax cut to people making over $250,000 a year. that's not negotiating. that's hostage taking. so today on the floor of the house the democrats have proposed a discharge petition which if it receives 218 signatures, that's only a couple dozen republicans joining the democrats, would automatically come to the floor and i predict would receive the overwhelming support of the house of representatives. the miles per hour people want us to work together. we are in -- the american people want us to work together. we are in agreement on this subject. why? why my republicans -- republican colleagues, can we not agree on something w
next, we hear from nancy pelosi. the course of the election the president made it very clear that he was courting the extension of the middle class tax cut and that everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying that rather than passing that they want to hold it hostage to giving an additional tax cut to people making over $250,000 a year. that's not negotiating. that's hostage taking. so...
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Dec 13, 2012
12/12
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so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the country. host: we are talking about social security and how would factors into the so called "fiscal cliff." if you would like to join the conversation, here are the numbers to call -- . all the sudden they have taken the steam out of what the greatest economic miracles. the thing that they had, an economy growing rapidly, is fragile and requires government to facilitate rather than later costs and uncertainty on top of it. it's almost like a test tube in the u.s. now. there was a time we had a huge amount of uncertainty. we have had a very aggressive
so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the...
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Dec 6, 2012
12/12
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after that, house speaker john boehner and minority leader nancy pelosi followed by president obama's comments. the house of representatives has finished their business for the week. they looked ahead to how negotiations on the fiscal cliff might affect the house schedule. this is half an hour. hank the gentleman. i yield to the majority leader. mr. cantor: i thank the gentleman, mr. speaker. on monday, no votes are expected in the house. on tuesday the house will meet at noon for morning hour and 2:00 p.m. for legislative business. votes will be postponed until 6:30 p.m. on wednesday the house will meet at 10:00 a.m. for morning hour and noon for legislative business. on thursday the house will meet at 9:00 a.m. for legislative business. last votes of the week are expected no later than 3:00 p.m. on thursday. members are advised that this is a change from the original house calendar. mr. speaker, the house will consider a number of bills under suspension of the rules, a complete list of which will be announced by the close of business friday. additionally the house will appoint confe
after that, house speaker john boehner and minority leader nancy pelosi followed by president obama's comments. the house of representatives has finished their business for the week. they looked ahead to how negotiations on the fiscal cliff might affect the house schedule. this is half an hour. hank the gentleman. i yield to the majority leader. mr. cantor: i thank the gentleman, mr. speaker. on monday, no votes are expected in the house. on tuesday the house will meet at noon for morning hour...
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Dec 5, 2012
12/12
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here is nancy pelosi. >> we all know the president made it very clear he was supporting the extension of the middle income tax cut. everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying rather than passing that, they want to hold it hostage to giving an additional tax cuts to people making over $250,000 a year. that is not negotiating, that is hostage taking. today on the floor of the house, the democrats have proposed a discharge petition, with only a couple of republicans joining the democrats, would automatically come to the floor, and i predict will receive the overwhelming support through the house of representatives. the american people want us to work together. we are in agreement. why? why can we not vote on something where we have agreement, where we have fairness, that will work to create jobs, to reduce the deficit, and will have fairness. -- fairness? this is the heart of the matter that is holding us here. this is about the $250,000 line that the president said in the campa
here is nancy pelosi. >> we all know the president made it very clear he was supporting the extension of the middle income tax cut. everyone, 100% of the american people, would benefit from it. 100% of taxpayers, small businesses, wage earners, and the rest. the republicans are saying rather than passing that, they want to hold it hostage to giving an additional tax cuts to people making over $250,000 a year. that is not negotiating, that is hostage taking. today on the floor of the...
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Dec 12, 2012
12/12
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pelosi reacted to commons, say democrats are ready to bring a bill to the floor. -- ms. pelosi: thank you very much, mr. speaker. i'm glad that our speaker has brought the fiscal challenges to this floor. it's been long overdue. we have been calling on the speaker to bring forth middle-income tax cut now for a very long time. in fact, since last summer when it passed the united states senate. the president stands ready and poised with his pen to sign it. democrats in the house have a discharge petition to bring that bill to the floor. what stands in the way is an act on the part of the republican majority to bring a middle-income tax cut to the floor of the house. which across the country has almost universal support and which i think in this body, given the right to vote for it would have overwhelming support. up until know, everybody in the country, in pact in the world, have been talking about what's going to happen, those who pay attention to such matters, what's going to happen to the -- in the budget debate in the congress and witthe president . at last that subjec
pelosi reacted to commons, say democrats are ready to bring a bill to the floor. -- ms. pelosi: thank you very much, mr. speaker. i'm glad that our speaker has brought the fiscal challenges to this floor. it's been long overdue. we have been calling on the speaker to bring forth middle-income tax cut now for a very long time. in fact, since last summer when it passed the united states senate. the president stands ready and poised with his pen to sign it. democrats in the house have a discharge...